Business Law For Accounting

This course provides an introduction to areas of Canadian law relevant to business. It is specifically designed for the accounting student who requires an ability to identify legal issues relevant to business or, at a minimum, to recognize situations when to seek legal advice. Legal analysis of case studies will further give students context in the real world environment. The course also explores issues relevant to ethics and corporate governance. The course includes the Canadian court system, dispute resolution mechanisms, business torts and professional liabilities, contracts and appropriate resolutions for breach, legal issues encountered by business in specific types of commercial contracts including sales, employment and insurance, debtor and creditor relationships, and negotiable instruments. The course also covers legal considerations that arise in forms of business organizations. The Certified General Accountants Association of Ontario has approved the curriculum for this course. A student who obtains a minimum grade of B (70%) is eligible to receive a CGA credit.